Browsing by Author "Nkundabanyanga, Stephen Korutaro"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Internal Audit Organisational Status, Competencies, Activities and Fraud Management in the Financial Services Sector
    (Managerial Auditing Journal, 2017) Kabuye, Frank; Nkundabanyanga, Stephen Korutaro; Opiso, Julius; Nakabuye, Zulaika
    The purpose of this paper is to study the relationship between internal audit organisational status, competencies, activities and fraud management. As a corollary, this paper examines the contribution made by the internal audit organisational status, the internal audit competence and the internal audit activities on fraud management in financial services firms. This study is cross-sectional and correlational, and it uses firm-level data that were collected by means of a questionnaire survey from a sample of 54 financial services firms in Kampala – Uganda. Results suggest that the internal audit organisational status and the internal audit competence are significant predictors of fraud management. Contrary to previous thinking, internal audit activities do not significantly predict fraud management. Therefore, once internal auditors have appropriate status and are competent in an organisation, they are likely to perform activities that enhance fraud management. This study focuses on financial services firms in Uganda, and it is possible that these results are only applicable to the financial services sector. More research is therefore needed to further understand the contribution of the internal audit constructs on fraud management in other sectors such as the public sector. The results are important for internal audit policy development, for example, in terms of prescribing the competences and reporting lines for the internal auditors to enhance fraud management in the financial services sector. As far as the authors are aware, no research has hitherto been undertaken that investigates the individual contribution of internal audit organisation status, competence and its activities as internal audit constructs on fraud management.
  • Thumbnail Image
    Item
    Methodological Issues in African Accounting Research: Towards Alternative Theories and Methods
    (Research Square, 2022) Jayasinghe, Kelum; Soobaroyen, Teerooven; Lassou, Philippe; Nkundabanyanga, Stephen Korutaro
    The purpose of this special issue is to advance the knowledge and discussion around alternative methodologies in accounting research on African countries. Albeit from a relatively low base, there has been a gradual increase in African accounting research and articles published in major accounting journals, thereby representative of a growing voice of African scholarship (e.g. Neu et al., 2010, Soobaroyen and Ntim, 2013; Goddard et al., 2016; Bakre et al., 2017; Ntim et al., 2017; Mbelwa at al., 2019; Lassou et al., 2018; Lassou et al., 2019; Kan et al., 2020; Jayasinghe at al., 2020; Lassou et al., 2021; Moses and Hopper, 2022). However, until recently, a large number of empirical studies draw on the positivist perspective, adopting quantitative methodologies and market-based theories. Many of the accounting research contributions on African accounting can be also attributed to diaspora academics based in international universities (Hopper et al, 2009; van Helden and Uddin 2016; Ashraf et al., 2019). Thus, it is not surprising to note that very few studies have gained centre stage in relation to non-market-based approaches (e.g. Neu et al., 2010; Lassou et al., 2018; Lassou et al., 2019; Jayasinghe at al., 2020). Although this positivist tradition of accounting research can, in general, report on the associations between accounting practices and firm/contextual variables, this approach inherently comes short on explaining, exploring or examining the complex and challenging political, economic and cultural issues, and their implications for the role of accounting in African countries (van Helden and Uddin, 2016). Even though no one perspective can provide a complete picture of the reality of accounting practices in Africa, these publication patterns indicate the importance of identifying fertile areas for future research, presenting a case for a variety of different/alternative theoretical and methodological perspectives to enhance our understanding on critical issues on African accounting. Arguably, therein lies the richness of the insights that one could leverage a credible case for change. This special issue offers the opportunity to create a forum, debate and reflection on this topic, particularly on what has been done and what can be done in African accounting studies, in terms of methods, theoretical paradigms and challenges of this change.